Nasdaq Minimum Price definition

Nasdaq Minimum Price means the lower of: (i) the Closing Price on the Trading Day immediately preceding the date the Redemption Conversion Price is measured; or (ii) the average Closing Price of the Ordinary Shares for the five (5) Trading Days immediately preceding the date the Redemption Conversion Price is measured.

Nasdaq Minimum Price means, for any conversion hereunder, the lower of: (i) the closing trade price of the Common Stock on the Trading Day immediately preceding the Conversion Date for such conversion; or (ii) the average closing trade price of the Common Stock for the five (5) Trading Days immediately preceding the Conversion Date for such conversion.

Nasdaq Minimum Price means (i) with respect to (A) the Conversion Price (as defined in the Amended and Restated Series B Notes), (B) the Exercise Price (as defined in the Amended and Restated Warrants and (C) the Exercise Price (as defined in the New Warrants), $1.09 and (ii) with respect to the Conversion Price (as defined in the New Notes), $2.54.

Examples of Nasdaq Minimum Price in a sentence

• Notwithstanding any other provision set forth in this Agreement until such time as the Shareholder Approval shall have been obtained the Holder shall not be entitled to effect any conversion of this Note at a price per share of less than the Nasdaq Minimum Price.

• If (x) the 10-day VWAP ending on the Trading Day immediately prior to the applicable payment date is greater than or equal to the Nasdaq Minimum Price or (y) the Company has received Nasdaq Stockholder Approval, the number of Interest Shares to be issued shall be calculated based on the 10-Day VWAP; otherwise, the number of Interest Shares to be issued shall be based on the Nasdaq Minimum Price.

• Equal to the Nasdaq Minimum Price (or Nasdaq last closing bid price for directors) + $0.10625.

• COCP agrees to sell and each Purchaser agrees to invest $2 million and purchase a number of shares of COCP common stock (the “Shares”) at a price per share equal to the greater of the (i) Nasdaq Consolidated Bid Price as specified below or (ii) the Nasdaq Minimum Price which is the lower of (x) the closing price on the date of this agreement or (y) the average of the closing price for the past five trading days.

• The Exercise Price per share of Common Stock under this Warrant shall be reduced to the Nasdaq Minimum Price (as defined by the Nasdaq Stock Market LLC) on June 6, 2024 if the Minimum Price is lower than the Exercise Price in effect on June 6, 2024, subject to adjustment hereunder.

More Definitions of Nasdaq Minimum Price

Nasdaq Minimum Price means the lower of: (i) the Closing Price on the Trading Day immediately preceding the date the Common Stock Redemption Price is measured; or (ii) the average Closing Price of the Common Stock for the five (5) Trading Days immediately preceding the date the Common Stock Redemption Price is measured.

Nasdaq Minimum Price means $1.89, which is the “minimum price” in accordance with Nasdaq Stock Market Rule 5635. “Nasdaq Stockholder Approval” means the receipt by the Company of requisite approval from its stockholders to issueInterest Shares below the Conversion Price or to issue more than 19.99% of its outstanding shares of Common Stock at an issue price belowthe Nasdaq Minimum Price.

Nasdaq Minimum Price means the lower of:(X) the Nasdaq Official Closing Price (as reflected on Nxxxxx.xxx) of the Common Stock immediately preceding the issuance of the Payment Shares; or (Y) the average Nasdaq Official Closing Price of the Common Stock (as reflected on Nxxxxx.xxx) for the five trading days immediately preceding the issuance of the Payment Shares. In no event, shall the Company be required to issue in excess of 220,000 Payment Shares.

Nasdaq Minimum Price means the lower of: (i) the Closing Price on the Trading Day immediately preceding the date of measurement; or (ii) the average Closing Price of the Common Stock for the five (5) Trading Days immediately preceding the date of measurement.

Nasdaq Minimum Price shall equal the lesser of (i) the last closing price of the Company’s common stock as of the end of the Trading Day immediately preceding the Closing Date or (ii) the average closing price of the common stock on the NASDAQ Capital Market for the five Trading Days immediately preceding the Closing Date. At or prior to the Closing, the Company shall pay to the Investor, by wire transfer of immediately available funds to an account designed in writing by the Investor, an amount equal to all outstanding accrued and unpaid interest on the Existing Debt as of the Closing (the “Closing Payment”).

Nasdaq Minimum Price means a price that is the lower of: (i) the Nasdaq Official Closing Price (as reflected on Nasdaq.com) immediately preceding the signing of the binding agreement; or (ii) the average Nasdaq Official Closing Price of the common stock (as reflected on Nasdaq.com) for the five trading days immediately preceding the signing of the binding agreement.

Nasdaq Minimum Price means such term as defined in Nasdaq Listing Rule 5635(d).